The Oregon Investment Council approved another $250 million commitment of public pension money to Kohlberg Kravis Roberts.

The commitment is a follow on investment to a North American buyout fund that Oregon put $525 million into in 2011. KKR is the largest single manager of Oregon pension money, with some $2 billion invested.

Despite big distributions from private equity managers this year, the pension fund still has some 22 percent of its portfolio allocated to private equity, well above its 16 percent target. The council shows little sign of taking its foot off the gas, however, and is considering a change to its target investment mix that would accommodate its current exposure to the sector.

Brand Stories

BY ERIN J. BERNARD

BY SOPHIA BENNETT

Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.

BY SOPHIA BENNETT

The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.